Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    12713 Chapman Hwy Seymour, TN 37865

    View on Map
    Sponsored
    Picture of Commercial land at Chapman Hwy 12713, Seymour, TN
    For Sale
    $114,500

    LAND - Seymour, TN

    Lot size:
    1.90 Acres
    Days on Market:
    90
    Last Refresh:
    Mar 29 at 12:06 pm

    Property Features for 12713 Chapman Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    A-1
    APN
    194.00
    Lot size
    1.90 Acres

    Utilities

    Sewer type
    Septic Tank
    Water source
    Well

    We can help!

    Listing Contact
    Valerie Jean Fox

    Crye-Leike Lakeway West

    Listing agent Valerie Jean Fox

    Listing date Dec 29, 2025

    MLS# 703703

    Copyright © 2026 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Land on Chapman Highway

    This property features almost 2 acres of land with 196 feet of road frontage on Chapman Highway in Seymour, Tennessee. The site includes a well with a new well pump, electric service, and a septic system. A flat portion at the top of the property could be cleared to potentially offer views. The property is zoned A-1 and presents an investment opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Building Supply HVAC Service Furniture & Home Goods Grocery & Convenience Store Travel Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seymour
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.704843
    Latitude
    35.848035

    Nearby Similar for Sale

    • $899,900
      2,400 SF

      Farmhouse on 41 Acres

      Farmhouse on 41 acres with mountain views and creeks.
      Sauls Rd, Seymour, TN 37865
      View Details
    • $695,000

      Seymour TN Duplex Investment

      Well-maintained duplex in Seymour, TN, generating over $5000/month.
      1008 Keener Rd, Seymour, TN 37865
      View Details
    • New
      $189,900
      880 SF

      Renovated Multi-Family Investment Property

      Recently renovated multi-family property with income potential in Seymour, TN.
      1063 Boyds Creek Hwy, Seymour, TN 37865
      View Details
    • $899,000
      3,024 SF

      Seymour Warehouse with Ample Parking

      3,024 SF warehouse with high visibility and ample parking.
      10092 Chapman Hwy, Seymour, TN 37865
      View Details
    • $2,450,000

      Seymour Restaurant Opportunity For Sale

      Full-service restaurant in Seymour, TN, with FF&E and ample parking.
      10321 Chapman Hwy, Seymour, TN 37865
      View Details
    • $2,450,000
      4,129 SF

      Restaurant Property in Growing Seymour

      Full-service restaurant with ample parking in rapidly growing Seymour, TN.
      10321 Chapman Hwy, Seymour, TN 37865
      View Details
    • $299,900
      1,581 SF

      Seymour Daycare Investment Opportunity

      Daycare facility with NNN lease, potential for new business.
      813 Wye Dr, Seymour, TN 37865
      View Details
    • Contact for pricing
      5,856 SF

      Retail Building and Commercial Garage

      Two commercial properties in Seymour, TN, fully occupied and well-maintained.
      424 Maryville Hwy, Seymour, TN 37865
      View Details
    • $490,000
      16.50 Acres

      Seymour TN Income Property

      16.5-Acre Storage Facility & Land
      Dupont Rd, Seymour, TN 37865
      View Details
    • Contact for pricing
      1,240 SF

      NNN Investment Opportunity in Seymour

      NNN leased Subway with strong occupancy history and rent escalations.
      10631 Chapman Hwy, Seymour, TN 37865
      View Details
    • Contact for pricing
      14,490 SF

      Walgreens NNN Lease Investment Opportunity

      NNN leased Walgreens in Seymour, TN with long-term options.
      11305 Chapman Hwy, Seymour, TN 37865
      View Details

    FAQs

    What type of property is this?
    Commercial land - Almost 2 acres with utilities in Seymour, Tennessee.
    Where is this commercial land located?
    The property is located at 12713 Chapman Hwy Seymour, TN.
    What is the asking price?
    The asking price for this property is $114,500.
    What are key features of this property?
    This property features: - Almost 2 acres with 196 feet of road frontage.; - Well with a **new well pump already installed**.; - Electric and septic system already on site.
    (865) 621-4089
    Request Owner's contact information
    12713 Chapman Hwy Seymour, TN 37865
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12713 Chapman Hwy
    Seymour, TN 37865
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12713 Chapman Hwy Seymour, TN 37865
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Valerie Jean Fox
    Real Estate License ID: 366705
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!